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Beans In Brazil

On a recent mission to Brazil Missouri Soybean members brought back valuable observations. Market Development Director Matt Amick says a competitive disadvantage is that Brazil is a low cost producer. ... Beans In Brazil

USDA lowers Brazil soybean guess slightly

The USDA has lowered its outlook for Brazil’s soybean crop slightly. The crop is now seen at 155 million tons, 1 million less than in February, towards the high end of pre-report estimates, and considerably larger than most private projections, with CONAB’s update out... Read More.

Brazil remains a market mover

An ag marketer says he expects the USDA to lower Brazil’s corn and soybean production numbers in the Friday supply and demand report. Mark Talaski with Advance Trading tells Brownfield reductions are likely to impact U.S. demand. “It’s probably bigger in the soybean arena because... Read More.

CONAB reduces Brazil soybean, corn crop estimates

Brazil’s equivalent of the USDA has lowered its soybean and corn production outlooks. CONAB says the month-to-month cuts were because of weather, with planting delays and development issues due to hot, dry conditions in central growing areas and excessive moisture in the south. Numbers... Read More.

Soybeans, corn see more pressure from Brazil rain

Soybeans were lower on fund and technical selling. Recent rain should help Brazil’s soybean crop, but some damage was done by dry weather earlier in the season. Early harvest activity is underway in some areas of Brazil with generally disappointing yields. CONAB and... Read More.

Soybeans, corn mostly up ahead of CONAB Brazil numbers

Soybeans were mostly modestly higher, all buying back part of Tuesday’s losses, except for lightly traded January. Most forecasts have rain in some of the drier areas of Brazil into mid-month. Still, some damage was done earlier in the growing season and some... Read More.

Dry conditions to return to Brazil, crop impact unclear

An agricultural meteorologist says there’s moisture in the short-term forecast for portions of Brazil, but dry conditions are expected to return. Drew Lerner with World Weather Incorporated tells Brownfield “we think this pattern will continue at least until the second week of January. And... Read More.